Lending Support Associate at Northeast Bank

Minneapolis, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

12 Jul, 26

Salary

35.0

Posted On

13 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan documentation, Credit analysis, Customer service, Communication skills, Multi-tasking, Microsoft Word, Microsoft Excel, Microsoft Outlook, Attention to detail, Time management, Financial analysis, Loan closing, Portfolio management, Relationship management, Problem solving

Industry

Banking

Description

Description We're not just your average bank – we're a tight-knit, family-owned community bank with a passion for making a real impact in the neighborhoods we call home. Our mission? Simple but impactful: to strengthen communities, one meaningful connection at a time. At the heart of Northeast Bank is our incredible team – a community within a community. We're not just colleagues; we're like family, always ready to support each other, our neighbors, local businesses, and non-profits. In fact, we go the extra mile to foster strong bonds with our clients, aiming to be more than just a bank but a trusted partner in their journey. If you're someone who thrives on making a positive difference in people's lives, Northeast Bank is the place for you! Join us, and let's build strong communities together. HOURS: Full-time Monday - Friday FSLA STATUS: Non-Exempt POSITION SUMMARY: Assists commercial lenders in all aspects of managing their new loans and existing portfolios including prospect marketing assistance, preparation for loan closings and post-closing credit monitoring and tracking. PRIMARY ACCOUNTABILITIES AND RESPONSIBILITIES: Works directly with the borrower to obtain additional information at the direction of the lender. Assists lender in managing maturity list to ensure credits are renewed in a timely manner. Supports the lenders and credit analysts in prioritizing and preparing loan committee credit presentations on new, renewing, and existing relationships that require committee approval. Works with lender and credit department to analyzes the need for lien searches, flood certifications, environmental reports, appraisals, and credit bureaus and assists with direct resolution of outstanding items. Determines provider, price and reviews title work with the assistance/guidance of lender. Prepare requests for loan documentation and work to clear any pre-closing exceptions. Reviews loan documentation for accuracy. Coordinates closing instructions with the Title Company and other parties as needed. May attend closings if needed. Prepares needed documentation for the booking and funding of the loans including reconciling and documentation of all funding requests. Monitors and takes action on any delinquencies and overdrafts with lender direction. Review and clear outstanding file exceptions. Maintain strong contact with customers requesting information, sales call, cross selling products based on their banking needs. Requirements ROLE QUALIFICATIONS: Education Bachelor’s degree, with emphasis in Business Administration, Accounting, Finance, Economics, or other related field; or 2-year Associates Degree with a minimum of 2 years of other work-related experience; or 4-years of banking related work experience. Experience Minimum 2 years in banking (background in loan documentation useful) Other Skills/Characteristics Professional Effective verbal and written communication skills Ability to deliver a high level of responsiveness to other staff and customers. Ability to multi-task and organize priorities. High computer literacy including Word, Excel, and Outlook Maintains confidentiality Flexible Maintain high level of focus and accuracy Ability to work at a fast pace with accuracy Performance Measures · Adequate volume and acceptable quality of assistance depending upon experience level · Demonstrates the ability to work independently and take initiative to complete projects correctly that support the commercial lenders. · Deals professionally with all staff and customers Benefits Competitive benefits package including: comprehensive health insurance, dental coverage, 401(k) with company matching, quarterly and annually incentive opportunities, ESOP Plan, paid time off (PTO), paid holidays, flexible work arrangements, professional development opportunities, and more. Working Conditions · Normal office environment · Working from home 1 day/week (first 90 days would be 100% in-office) · May be temporarily assigned to alternate branch locations based on business needs Northeast Bank welcomes people of all races, religions, genders, physical abilities, backgrounds, etc. Our goal is to support all members of our community, whether they are customers or employees. Our employees have a sense of belonging due to the relationship building we do among our employees. We value each employee as an individual. Northeast Bank is an Affirmative Action/Equal Opportunity/Vets/Disability Employer

Responsibilities

The Lending Support Associate assists commercial lenders with loan management, including prospect marketing, loan closing preparation, and post-closing credit monitoring. They also coordinate with borrowers, title companies, and internal departments to ensure accurate documentation and timely loan processing.